Bankers as Revolutionaries.

Presents information on the Report of the Macmillan Committee on Finance and industry from His Majesty's Stationery Office in London, England; Important bankers as members of the committee; View that the report is critical of past policies and is boldly expansionist in its outlook on the future; Error committed by Great Britain's Prime Minister Winston Churchill in 1925 of putting Great Britain back on the gold standard at the old parity, while the sterling price level was still much above that of the rest of the world; Advocacy of a managed gold standard by the committee; State that the main recommendation of the committee ranks its publication as an international event; Analysis of the causes and consequences of the world depression; Effects on political and social stability of the violent downturn of prices; Problems of lending; View that institutions must deal with the non-monetary factors, above all reparations.